Direct Loan Canada Blog

Canada’s main stock index closed essentially unchanged even as crude oil prices surpassed US$80 for the first time in seven years and a strong September jobs report saw employment return to pre-pandemic levels for the first time.
Source: ctv business
S&P/TSX composite closes flat even as crude moves above US and strong jobs report

More than 130 countries have agreed on sweeping changes to how big global companies are taxed, including a 15 per cent minimum corporate rate designed to deter multinationals from stashing profits in low-tax countries.
Source: ctv business
More than 130 countries reach deal on corporate minimum tax

Google is cracking down on digital ads promoting false climate change claims or being used to make money from such content, hoping to limit revenue for climate change deniers and stop the spread of misinformation on its platforms.
Source: ctv business
Google to keep climate denial ads away from other content

Canada’s economy marked a milestone last month as employment returned to pre-pandemic levels for the first time, recouping the remainder of three millions jobs lost over a year ago with a gain of 157,000 jobs in September.
Source: ctv business
Canada adds 157,000 jobs in September, returning to pre-pandemic levels

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic has kept its grip on the economy, with many companies struggling to fill millions of open jobs.
Source: ctv business
U.S. employers add a weak 194,000 jobs as Delta maintains hold

Jordan’s foreign minister on Thursday pushed back against a report that the country’s monarch, King Abdullah II, went out of his way to hide the purchase of more than a dozen luxury homes worth more than US$106 million, saying there was “nothing secretive” about the transactions.
Source: ctv business
‘Nothing secretive’ about Jordan king’s real estate, FM says

With many companies making remote work a permanent aspect of certain jobs, experts say employers cannot reduce a current employee’s salary without consent and face legal risks if they do.
Source: ctv business
Can an employer reduce an employee’s pay if they’re permanently working remotely?

Walmart Canada says it plans to hire 12,000 permanent new employees to staff its retail stores, warehouses and delivery trucks.
Source: ctv business
Walmart Canada says it plans to hire 12,000 permanent new employees ahead of holidays

Gasoline prices shattered all-time records in many parts of the country this week, just in time for Canadians to hit the highway for the Thanksgiving long weekend.
Source: ctv business
Canadians face record national average gasoline prices ahead of Thanksgiving weekend

The governor of the Bank of Canada is pressing the case for COVID-19 vaccines to be sent to developing nations.
Source: ctv business
Macklem: Governments, private sector need to deliver vaccines to developing nations